If I list my house on the MLS with a flat-fee broker, will 3.5% commission to buyer's agent be good enough?

Question

I realize that agents do not like showing houses that do not have a seller's agent because they end up doing more work than usual, so will a 3.5% buyer's agent commission suffice? Would you be likely to show the house, or to pass it up?

Answer 1

Yes, the 3.5% should be sufficient. I would show the house. The norm is ususlly around 3%. (in Houston, Texas)

Answer 2

It truly depends on the market, if there are no buyers. They will not be showing no matter what you do. Just make it (the house and the list price) as attractive as you can and perhaps offer some of that extra money towards closing costs to benefit the Buyers, not just the agents, so the ones who might need a bit more to just make it for closing the deal will look at your property too.

Answer 3

If it is going on the MLS, via that pass on my own, you're mentioning which you will pay at minimum, the agent of the guy who purchases your homestead. The MLS is owned via the Realtor affiliation of the area which you intend to checklist your homestead via means of the MLS, and the owner of the flat-fee provider ought to be an authorized Realtor so as to get your itemizing onto the MLS. What the flat-fee Realtor is doing, is waving the itemizing component to the commision and accepting the flat-fee particularly. that doesn't mean which you're immediately out of procuring any fee. Now, if a customer includes you straight away without an agent, then you definitely play the flat fee and not something greater. this is amazingly plausible because of the fact there are a lot of persons procuring for properties without a Realtor via means of the internet, that's the place the itemizing will additionally seem. If a customer is working with a Realtor, they are going to oftentimes have a customer-enterprise settlement in place, and extremely few shoppers pays that agent's fee out of pocket, merely to purchase somebody's homestead. there is merely too many on the marketplace. in case you do not want to pay ANY fee, i might recommend itemizing it by a close-by newspaper, because of the fact in case you checklist in the MLS, possibilities are high you customer will come to you with a Realtor in tow. playstation : maximum flat-fee Realtors have of their settlement, which you will conform to pay a customer-agent fee in the experience that your itemizing hits the MLS, or they gained't take the itemizing in any respect.

Answer 4

That level of commission should suffice.

Answer 5

it's a buyers market...so try whatever floats your boat...

Answer 6

in this market...realtors will show anything. you could probably try 3% and see what floats...